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's another power we can use the environment. that is the power of persuasion. here we are lucky as both of us ex-prime ministers, he and i have met a whole bunch0s ceos and they should remember their patriotism and hire more, or pay more to their employees. it is -- for the first time in many years an increasing number of companies are willing to pay more. however, getting rid of denation -- deflation mindset alone cannot hamper long-lasting recovery. we most leave people with expectation to sustainable economic growth. and for the purpose we must have two downside risk. one, inflation without growth. two, interest rate hike without growth. let me understand one by one. let's assume that you now have rising cpi, but you have no pay rise. the economy is that is a bad inflation. people should suffer then. it is right here that the third bazooka should come into play. the third bazooka, if you recall, is a package of growth enhancement policies. i know it's hard to come by. i am not saying we can do very easily. still, it takes us only to look into miller -- into mirror to see who you are and th
environment for the exercise of civil liberties. this includes the measures with respect to registration of ngos as foreign agents but also restrictions on press and internet freedom act. so we've made clear our commitment to dialogue on human rights with the russian government, but we also remain actually committed to open dialogue with civil society and supporting their efforts. >> can i do a follow-up on that? i just wanted, i mean, the u.s. government has talked a lot about, concern about human rights abuses in chechnya. and i just wonder if you think the events in boston are going to change in any way the way the government will see human rights in chechnya? >> with respect to the ongoing investigationnbston, i just etars, that would be highly inappropriate to make further comment at this time. with respect to the situation in the northern caucasus, i can tell you this has been part of our human rights reporting. on russia and our country reports since 1995 you'll find quite a bit of information in this year's report. and they know serious human rights abuses taking place, and acts
easy. it is challenging in this fiscal environment. administrations 39 budget -- $39 million budget request. consistent with what congress appropriated in 2013 for the department before sequestration cuts were applied. the level of funding in this budget is lower than what congress appropriated in 2009. stepping back and thinking of the challenges that our country and this department has faced since 2009, times square bombing, hurricane sandy, the ever-changing and growing cyber threat, and of the boston attack, it is easy to become concerned with this budget request. we are facing extremely difficult budgetary times. sacrifices must be made. they may not receive all of the funding. and agencies in government must share in the sacrifice to some extent required during this deficit. our secretary seems to have taken this message to heart. he is identified $1.3 billion in savings this year and more than $4 billion since 2009. he continues to move from a risk-based approach and it effort to save more money. i'm happy to see this budget proposes a much-needed increase for cybersecurity,
and present one we have to start tackling now rather than later. i am determined to facilitate the environment and basic conception tax rate, based on the provision of a comprehensive tax reform. you must also address japan's own entitlement reform to that the growth of the government expenditure in check. previously at the g20 meetings, together with other member nations we stick to it. wait a minute having the balance ratio to gdp by fiscal year 2015 than that in 2010. we also aim at achieving by 2020. we are going to publish medium-term fiscal consolidation plan around the middle of this year. the second interest rate hike is avoidable. economics should take deep root for the economically to seek sustainable growth. finally, before conclusion, let me say only a few words about what kind of country japan not to be. japan must be a place where the road needs effort. japan must be a place where risktakers can be given opportunities not just once, but many times. also, ex-prime minister present the chance for the second coming in japan. japan must be at face and a sense shotmaker cain mused, ja
easily to $2 billion in savings. $4.5 billion and will be spent a day to operate in that environment. when in fact you cannot go on the street with the exception of the package delivery, which will be done with dynamic routing, with a lower-cost employee, whether in the rural craft or city craft and allow us to provide that service at a lower acroscost. that is all money that can come out of the system. if calculated in what we think is the revenue loss, and we have talked to customers to validate that. we are terms of that. that we clear something up. people say it is only $2 billion out of $20 billion. if we had it this year we would break even. this year we will lose $1.7 billion on the operating line. as revenue,-costs, with the exception of a worker's comp costs and pre funding. we would make money if we made the six to five move at the beginning of this year. what happens with a $20 billion of that gap exists when you do nothing over a five-year period, and with inflation that continues to grow. when people say it is only 10% of the cost differential, it is not, it would make u
Search Results 0 to 4 of about 5